Krispy Kreme's 2Q profit rises on higher sales

Krispy Kreme Doughnuts Inc. swung to a profit in the second quarter as sales rose at its 633-unit doughnut and coffee chain.

The company reported net income of $2.2 million, or 3 cents per share, for the second quarter ended Aug. 1. That compares with a loss of $157,000 in the year-ago quarter, when the company booked higher interest expense and impairment charges.

Revenue rose 6.3 percent to $87.9 million from $82.7 million in the second quarter last year, the Winston-Salem, N.